Divide the cashback earned by the purchase amount, then multiply by 100 to find the cashback percentage.
The Cashback Percentage Calculator is a simple yet powerful tool to determine the cashback percentage earned on a purchase. Cashback rewards are often associated with credit card offers, online shopping deals, and promotional programs.
Formula
CBP = (CE / PA) ∗ 100
| Variable | Definition | Units |
|---|---|---|
| CBP | Cashback Percentage | % |
| CE | Cashback Earned | Currency (e.g., USD) |
| PA | Purchase Amount | Currency (e.g., USD) |
Solved Calculations
Example 1: Calculate the cashback percentage for earning $15 on a $300 purchase.
| Step | Value | Explanation |
|---|---|---|
| Cashback Earned (CE) | $15 | Given value |
| Purchase Amount (PA) | $300 | Given value |
| Cashback Percentage (CBP) | 5% |
Example 2: Determine the cashback percentage for earning $20 on a $400 purchase.
| Step | Value | Explanation |
|---|---|---|
| Cashback Earned (CE) | $20 | Given value |
| Purchase Amount (PA) | $400 | Given value |
| Cashback Percentage (CBP) | 5% |
What is the Cashback Percentage ?
The Cashback Percentage Calculator is a practical tool. It is designed to find out the cashback amount based on a specified percentage and purchase amount.
This is especially useful for tracking rewards from credit cards, promotional cashback offers, and retail discounts. By automating the calculation, this tool simplifies understanding and planning for savings.
This calculator requires users to input the total purchase amount and the cashback percentage. It then computes the cashback amount instantly, making it easier to assess savings on various transactions.
For example, it can help users determine how much they save with 2% cashback on a $1,000 purchase or with 5% cashback on smaller expenditures.
With its accuracy and ease of use, this calculator is ideal for frequent shoppers, business owners managing discounts, or anyone seeking to maximize savings from cashback programs. It can also be applied to scenarios involving cash discounts or percentage-based rewards.
Final Words:
Ultimately, the Cashback Percentage Calculator is an invaluable resource for accurately calculating savings from cashback offers, enabling users to make informed financial decisions and optimize their spending strategies.
